USD: Cautious tone into weekend – ING ING’s Chris Turner notes that Gulf tensions and broadening inflation pressures are keeping investors wary of short US Dollar (USD) positions.
USD: Cautious tone into weekend – ING ING’s Chris Turner notes that Gulf tensions and broadening inflation pressures are keeping investors wary of short US Dollar (USD) positions. He highlights firm short-dated US yields as markets price a stagflationary oil shock and a potentially more hawkish Federal Reserve…
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